Financial
Distress signals
Property profile

220 Davidson Ave Somerset, NJ 08873

OFF-MARKET
Commercial real estate
Property ID
US59-0892292
9.29 ac lot
Last sale Jan 2017 · $9,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building in Franklin Township, NJ, offers a diverse range of flexible spaces, perfect for various business needs. Located at 220 Davidson Ave, 08873, this four-story building, constructed in 1984 and renovated in 2007, provides 125 to 15,000 square feet of leasable space across multiple tenancies. The building boasts a total of 668 parking spaces, offering a generous 4.1 parking ratio for tenants and their clients. Four elevators ensure efficient access to all

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$274k
Tax billed · 2023
Assessed value · 2024$14.20M
Assessed land$2.79M
Assessed improvement$11.41M
Effective rate1.93%

Value estimate

· Sep 2026
$515k
$464k – $567k
AI approach$515k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$154 – $476

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.2
Auto Parts Store10.1
Electrical Service9.6

Location

220 Davidson Ave Somerset, NJ 08873-4149
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
97 Newport, Somerset, NJ 08873-3271 $825,000 Feb 2026 3,290 SF
35 Clyde, Somerset, NJ 08873-5033 $313,000 Jan 2026 No data
25 Oakbrook, Somerset, NJ 08873-2015 $463,000 Jan 2026 1,740 SF
1873 Amwell, Somerset, NJ 08873-2788 $1,300,000 Oct 2025 2,270 SF
100 Franklin Sq, Somerset, NJ 08873-4109 $5,400,000 Sep 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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